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Report shows U.S. is falling behind global trading competitors

todayJune 23, 2023 33

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Report shows U.S. is falling behind global trading competitors

The United States is falling behind its competitors in reducing global trade barriers, according to a recent report by Corn Refiners Association.

President and CEO John Bode says the report tracks new market-opening trade agreements entered into by the U.S. and its major economic competitors since 2010.

“Since 2010, China has entered into 12 new market opening trade agreements and other major competitors have entered into lots of new agreements. For example, Canada has entered into nine.

Written by: Leah Jones

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